India’s notorious ‘promoters’ – the local name for company owners – once made little distinction between their firm’s money and their own. A new law aims to put an end to all of that, but will it work? CT investigates
Corporates facing bankruptcy in India will get a second chance before landing in insolvency court after RBI approves ‘provisional ratings’ based on restructure agreements.
India's central bank has reopened the flow of offshore rupee-denominated bond sales, but treasurers are more worried about rules preventing deals with related parties
India's central bank proposes change to rules that force subsidiaries to settle their own hedging transactions, a move that would cut costs and improve efficiency for MNCs.
In an attempt to guide the country’s largest borrowers away from overdependence on bank loans, the Reserve Bank of India has moved to make bank facilities more costly for them.